Using a New Sales Funnel Strategy to Make $10k in 7 Days

Today, we’re going to focus on how important it is to utilize the right sales funnel strategy — as well as the perfect formula for advertising on any platform. When it comes to dropshipping, it doesn’t matter what platform you’re using to drive traffic to your ecommerce shop: you want to see results.

With this project, we spent roughly $1,800 and within a week saw a return investment of over $10,000. The key takeaway we want you to have is that once you’ve pulled traffic in, you have to understand what to do with those online eyes reviewing your product. How do you utilize Clickfunnels to do more than pull a shopper in and make that initial sale?

What’s the Big Secret to Our Sales Funnel Strategy?

Many people think that there’s some big secret to dropshipping. While there are learning curves for finding the perfect formula, there’s no big secret to making sales. What you choose to do with the traffic visiting your dropshipping website is what defines your long-term success. For some reason, many people miss that opportunity. 

Rule one with dropshipping: you need to be sending people to a funnel, not just an open-ended space. The average funnel converts roughly 10% of visitors, while the average Shopify store converts around 1.5-2% at most. You’re going to be targeting cold traffic, which will be completely new customers that know nothing about you or your product. You don’t have the benefit of already having a consumer-to-business relationship with cold traffic. So your goal is to use your sales funnel to gain their trust and make them into returning customers. 

How Does The Sales Funnel Strategy Handle Cold Traffic?

Screen grab of Peter Pru discussing how to appeal to cold traffic

Rather than driving customers to a webpage with thousands of products, you want to directly target a single product with your sales funnel strategy. This means you have more chance to gain their trust, you can easily showcase the product, and there aren’t hundreds of distractions. The funnel is pitching a product to them virtually. So you want to ensure that the product advertised is clear, concise, and stands out from the competition. One of the best ways to do this is by advertising your bestseller. Everyone has one, and it’s easy to target cold traffic consumers with this product.

How It Works

For example, we took premium fishing lures, set them up on a specified landing page with an attractive offer. The funnel led consumers to a clean-cut page that showcased the product as a premium set of free fishing lures for a limited time. Not only did this attract cold traffic by offering a product to a targeted niche, but it pulled in consumers based on curiosity.

On the page, you could easily scroll and see the product, some high-quality imagery, testimonials, your standard 30-day money-back guarantee, secure checkout badges, and a short FAQ. The page was designed to have everything a consumer might worry about when choosing to trust an online advertisement from a platform like Google or Facebook. All of their questions about the deal were answered clearly and concisely to help build trust. 

By offering a great deal with comprehensible material, we were able to attract more than a passing glance. This is the perfect setup for cold traffic. It allows you to turn it into warm and eventually hot traffic. You don’t need other buttons to other pages on the platform or anything that could distract potential consumers. You only need your best-selling product advertised with its benefits highlighted.

This strategy allows you to create assets by pulling in their email via the deal. Even if they don’t buy today, you’ve already won by having the ability to potentially get their attention back with your next deal. 

Turning Cold Traffic Into Warm Traffic to Get to Hot Traffic

Peter Pru emphasizing the importance of keeping a sales funnel strategy simple

Now, you may wonder how cold traffic can be beneficial if it’s only for a single sale. The purpose of cold traffic isn’t solely to get somebody to buy a single product from your ecommerce shop. It’s to turn those buyers into warm traffic and eventually get them to that level of becoming hot traffic. While making the initial interaction is great, you want to take that cold traffic and turn it into the chance for something more.

To better understand the differences between the variations of consumer traffic, we’ll explain the benefits of each.

Cold Traffic

These customers aren’t familiar with your business. They’ve never shopped with you, and you’ll need to help them understand why they should purchase from you through the setup of your platform. These consumers aren’t on your email list. They don’t follow you on social media yet, and to put it simply, they don’t know anything about you. 

Cold traffic is:

  • New to your store, which is great and means that you were able to get their attention briefly
  • Can convert into a returning customer so that you make even more from them in the future
  • Might potentially tell their friends about you if your product is something great, which can lead to even more traffic

Warm Traffic 

This customer may not have bought from you yet. But they’ve been teetering on the line and are revisiting your page to potentially buy a product from you. They may have signed up for your email subscription already. But while they express interest in buying, they haven’t quite pulled the trigger yet. 

Warm traffic is:

  • Slightly familiar with you, which means you’re in the home stretch of making them into a customer or a returning customer
  • Has probably been paying attention to your services for a while and is showing interest in what you have to offer
  • One step close to becoming your favorite kind of traffic: hot

Hot Traffic

This is obviously the best kind of traffic. It means that an onlooking consumer has pulled the trigger and decided to trust you. They make the purchase and wait for their order to arrive. 

Make Things Simple With Your Sales Funnel Strategy

Now that you understand the importance of traffic, you can focus on how to make things as simple as can be for that hot traffic. This is where a lot of people mess up. Consumers don’t want an overly complex checkout system. If they’ve made it to this point, then they want you to continue being clear and concise. So make it simple and easy to follow through with a few clicks. Don’t continue to offer more products; just get to the checkout page. Make your deal clean-cut and simplify it. You’ve already won by turning them into hot traffic.

Once they’ve hit that complete order button, then lead them to additional special offers. This is the time for upsell pages that offer things like digital products, ebooks, and small items that encourage them to put more money in your pocket while still offering a deal.

For more great ways to turn your sales funnel strategy into an optimized system, register your free spot at our webinar. We will give you the knowledge to resources to drive traffic to your sales funnel, turn that traffic into hot traffic, and keep them coming back. You can also subscribe to my YouTube channel for frequent sales funnel insights. Tagged : / / / /

How to Make Money Online in 2021 With This Free Clickfunnels Template

Regardless of what you’re selling online, sales funnels are the key to a successful ecommerce business. However, many entrepreneurs just starting out aren’t sure how to set up their funnels, or they’re wary about trying them. The fact is that, without a proper sales funnel in place, you’re going to struggle. To help you get started, we’ll go over how to stage your business for success with our free Clickfunnels template. You can download this sales funnel today and make it your own.

Start With the Squeeze Page

When you’re running any kind of online store, there are many aspects to think about as you get started. The advantage of a sales funnel is that it redirects your focus to the person you’re selling to instead of the storefront itself. As you first get into sales funnels, you’ll want to begin with the squeeze page. This is a landing page or opt-in page that hooks people into the sales funnel.

What Squeeze Pages Do

In short, the squeeze page is the page that you send your customers to when they’re about to order your products. In our free Clickfunnels template, our squeeze page sells a “Shooting Trainer” that basketball players can use to work on their shooting skills. You might bring people to your squeeze page from Facebook ads, Instagram ads, or other sources. The page will highlight a single product instead of a bunch of them. This helps ensure you connect with a specific audience. As a result, if someone isn’t interested in this particular product, they’ll be likely to click away. But active shoppers stay on the page. 

How to Set Up an Effective Squeeze Page

Screen grab of Peter Pru discussing a squeeze page in a free Clickfunnels template

Ultimately, you’ll want your squeeze page to get people to become leads during the first step. This means entering shipping information such as their name, address, phone number, and email address. After submitting their information, people will be in your database, allowing you to contact them later. 

Once they’ve opted in during Step 1, they’ll enter Step 2, which will allow them to select a specific product and enter billing info to complete their order. For example, in our free Clickfunnels template, people can choose to buy one or two basketball trainers through our offer. You can use Step 2 to list quantity breaks and discounts; highlight appealing offers to further drive sales for greater quantities of products.

Additionally, we have a one-time offer of an ebook download below the billing info. It’s a “Basketball Mastery Guide,” which makes it easy for customers to add this to their order. This is essentially free money for us: the ebook cost us no more than $10 once, and we can repeatedly sell it for $15 to multiple customers through this order bump. 

Remember the Real Purpose of a Sales Funnel

As you develop your squeeze page, keep in mind that the main purpose of a sales funnel is to generate assets for your business. This primarily consists of emails and phone numbers that enable you to promote new products and other offers. Secondly, you’ll want to use your funnels to maximize the average cart value by getting people to spend as much as possible on initial sales. This is huge for helping keep up with the costs of maintaining your business. Finally, your funnel should also maximize the overall lifetime value (LTV) through repeat sales, which generate consistent, predictable revenue.

Take Customers to an Upsell Page

Once customers have completed their order on the squeeze page, it’s time to lead them to your first upsell page. Don’t feel limited to one or two upsells, either. You can lead people to as many upsells as you want, all of which are one-click opportunities that make it easy to add more items to their order instantly. While people can choose not to add these items, many people are likely to be interested in purchasing additional products if they’re relevant to their initial order.

With more upsells comes a bigger increase in the average cart value. This can lead to increased revenue that you can then use to improve your ad campaigns. This will give you even more of a competitive edge. It’s important to remember the adage: “He who can spend the most to acquire customers wins.” With ample upsells and a maximized average cart value, you’ll be able to afford more ads that flush out the competition.

In our free Clickfunnels template, we’ve included two upsell pages: one for a “Limited Edition Shooting Strap” that corrects posture, and one for a pair of “Pro Skill Trainer Gloves” that allow for a better grip. Both of these go toward boosting the value of the average cart when people buy our Shooting Trainer through the squeeze page.

Offer a Form of Continuity to Maximize LTV

Ecommerce business owner creating a sales funnel

As we mentioned, the main goal of a sales funnel is to generate assets in the form of leads. All cold traffic should go through a sales funnel regardless of what you’re selling, with focus areas on specific products that attract equally specific audiences. First, you can maximize the average cart value through initial sales and upsells. Then you can conclude with continuity that maximizes the lifetime value of your customers. Once you’ve made that initial sale, you need to keep customers coming back to you with some type of continuity.

Continuity could include subscription boxes, digital memberships, and other offers that help generate income on a yearly or monthly basis. In our free Clickfunnels template, we create continuity in the form of a one-click upsell. People can pay $14.97 a month for weekly industry secrets that can improve their basketball training. That adds up to impressive compound interest that keeps the money coming in.

Subscription boxes are always a great option here if you’re offering physical products. You can work with a supplier like AliExpress to put together your boxes and ship them to customers. 

Regardless of the subscription you implement, a focus on continuity is vital for generating consistent revenue and enabling your business to grow without the need to spend more on ads.

Complete the Funnel With a Thank You Page

After taking people through your squeeze pages, upsells, and continuity offers, you can complete the interaction with a “thank you” page. But this page can include more than an order confirmation and a message thanking customers. It can also include additional affiliate offers or links to Shopify stores, further boosting sales. 

Get the Results You Want With a Reliable Sales Funnel

Screen grab of Peter Pru giving an overview of the essential components of a sales funnel

We encourage you to try this free Clickfunnels template with your bestselling products and see how well they perform. With a complete sales funnel that includes a squeeze page, multiple upsells, and continuity, you can see a significant increase in:

  • Conversions
  • Initial sales
  • Long-term customer relationships

Subsequently, you’ll have more money to spend on supercharging your marketing. You can stay ahead of competitors in an increasingly saturated market.

If you would like to learn more about how to use sales funnels to build a successful dropshipping business, reserve your seat at the Ecommerce Empire Builders masterclass. We’ll show you how to use sales funnels to your advantage and generate a full-time income online in no time. You can also visit my YouTube channel for in-depth advice and insights. Tagged : / / / /